Partnership

Plannatech Partners with ProhiBet for Innovative Sports Data Integrity Solution to Ensure Regulatory Compliance

Plannatech Partners with ProhiBet for Innovative Sports Data Integrity Solution to Ensure Regulatory Compliance

IC360

IC360

Sep 18, 2023

Las Vegas, NV (September 18th, 2023) Plannatech and ProhiBet today announced a groundbreaking partnership for the utilization of ProhiBets advanced fully encrypted decentralized cross-monitoring and notification platform. Designed to safeguard sports integrity and ensure adherence to state-specific regulations, ProhiBet will play a pivotal role in preventing specific individuals such as athletes, coaches, league officials, and administration from engaging in prohibited sports wagering.

We are thrilled to quickly integrate ProhiBets technology within our platform. This newly delivered solution will play a pivotal role in defining a new compliance process for those parties involved with prohibited bettors,stated Adam Bjorn, Plannatechs Chief Operating Officer. The timing of this partnership and given the current landscape surrounding prohibited bettors, played an essential role during the implementation process and ultimately the swift completion of the integration.

ProhiBets cutting-edge technology provides a secure and transparent method for sports properties, both professional and collegiate, and sportsbook operators, to ensure that athletes, coaches, and league/school administrative staff remain compliant with the intricate web of state regulations that govern sports betting activities.

We are thrilled to partner with Plannatech, the combination of ProhiBet's state-of-the-art encrypted data transfer system and the Plannatech dedication to upholding the integrity of sports will undoubtedly enhance the transparency and trustworthiness of sports betting activities,stated Matt Heap, Managing Director of ProhiBet. Heap brings a wealth of experience in the field as the former head of the Colorado Division of Gamings sportsbook operations.

About Plannatech:

Plannatech was first incorporated in the UK in 2015. As one of the fastest growing tech hubs and a jump off point to the rest of Europe, the UK was an ideal jurisdiction to begin our operations from. To expand the companys global reach and licensing of products and services, Plannatech further expanded by applying for and receiving a Network Services Operator license granted by Isle of Man. In 2019, the Company began a Business transformation, which has continued into 2023 and has also given us the opportunity to bring on board a global brand in the industry as our first major B2B Client. As we continue the beginning of our journey, we are focused on strengthening our products and services with best in the industry providers, strategic partners, while increasing and enhancing each Clients, customers experience through the introduction of digitalization, Neural networks and deep learning development. This, combined within our already developed proprietary ecosystem, technical excellence, means that we are quickly on our way to becoming a global contender in the tech market.

About ProhiBet:

ProhiBet is a leading provider of encrypted data transfer solutions for the sports betting industry. With a focus on regulatory compliance and data security, ProhiBet empowers sports properties and sportsbook operators to navigate the complex landscape of state regulations related to prohibited bettors. For additional information, visit www.prohibet.com.

About Odds On Compliance:

Odds On Compliance is a technology and consultancy firm specializing in sports betting, iGaming and gambling compliance and regulatory frameworks, in the U.S. and abroad. Odds On Compliance provides a range of services that assist clients navigating, mastering, and staying up to date with the rapidly developing regulatory compliance framework at state and federal levels throughout the USA. For more information, please go to OddsOnCompliance.com.

About U.S. Integrity:

U.S. Integrity is a leading technology-driven sports wagering monitoring company, providing the highest level of protection against betting-related fraud and corruption. U.S. Integrity�s mission is to grow the legal, regulated sports betting market by providing solutions that ensure sports betting integrity in every play, every game, every sport. Supported by investors including Las Vegas Sands, SeventySix Capital and the New York Angels, U.S. Integrity partners with some of the largest professional sports leagues and collegiate conferences in the U.S., as well as licensed sports-betting operators and regulators. U.S. Integrity is based in Las Vegas and New York. For additional information, visit www.usintegrity.com.

Media Contacts:

Red Knot Communications

Ashley Dabb, Head of US Operations

ashley@redknotcomms.com

ProhiBet

Matt Heap, Director

mheap@prohibet.com

U.S. Integrity

Scott Sadin, Chief Operating Officer

scott.sadin@usintegrity.com